I have my sag set @ 30mm front,30 mm back.
You'll need the new springs first,I went with Race Tech.
I'm sure they have a web site, You give them your weight,and type of riding. I also installed the Race Tech gold valves. They give you a chart where you take your weight and type of riding and you set up your stacking order. There is a spacer at the top(pc. of pcv pipe and you cut it to legth). So if you cut short,you can always cut it again if its too stiff. Also the amount of oil makes a difference. Race tech gives all the directions with the kit. BIG difference in the handling on the Bandit .
The progressive is cheaper, and will still be a big improvment.You can still adjust the size of the spacer at the top of the springs and the amount of oil in the forks.
Sport Rider has a good article on setting sag. You need at least one assistant. You take measurments with the suspension fully extended,then with the weight of the bike(free sag) and then with the weight of the rider w/your riding gear on(total sag). But if you get on Sport Rder .com.,and find the article,they can explain it better.
Hope this helps, Dan